Effect of modeling fixed cost in a serial inventory system with periodic review

We study a two-echelon serial inventory system with stochastic demand. We assume that fixed ordering costs are charged only when an order initiates a non-zero shipment. The system is centrally controlled and ordering decisions are based on echelon base stock policies. The review period of the upper...

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Veröffentlicht in:	OR Spectrum 2014-03, Vol.36 (2), p.481-502
Hauptverfasser:	Karaarslan, A. G., Kiesmüller, G. P., de Kok, A. G.
Format:	Artikel
Sprache:	eng
Schlagworte:	Business and Management Calculus of Variations and Optimal Control Optimization Costs Inventory management Mathematical analysis Mathematical models Operations research Operations Research/Decision Theory Optimization Optimization techniques Order disorder Order picking Raw materials Regular Article Serials Shipments Statistical analysis Stockpiling Studies Upstream
Online-Zugang:	Volltext
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